Did you know some businesses get money from investors to grow bigger? It's like getting a huge loan, but from people who believe in the company. One way is called Series B funding. This happens after a company has already proven its idea works and needs more money to expand.
- Series B is the second big money round for startups.
- Companies use this money to hire more people, make better products, and sell to more customers.
- Investors carefully check the company's plan before giving money.
| Funding Round | Amount | Purpose |
|---|---|---|
| Seed Funding | Around $100,000 | Start the business |
| Series B | Varies greatly | Grow bigger and better |
| Series C | $100 million+ | Get ready for a big sale or stock market listing |
